Metal Hawk has obtained $175,000 in government co-funding to advance diamond drilling at its Leinster South Project, focusing on a structurally significant gold target.
- Awarded $175,000 under WA Exploration Incentive Scheme
- Three-hole diamond drilling planned at Tysons prospect
- Focus on granite-greenstone contact structural target
- Potential to unlock new gold zones in Leinster South
- Supports ongoing exploration momentum in Agnew-Lawlers
Government Boost for Drilling at Tysons Prospect
Metal Hawk Limited (ASX:MHK) has clinched $175,000 in co-funding from the Western Australian Government’s Exploration Incentive Scheme (EIS) to support a three-hole diamond drilling program at its 100%-owned Leinster South Project. The funding targets the Tysons prospect, a structurally complex zone where greenstone belts meet granitoid intrusions, a geological setting often associated with significant gold mineralisation.
This injection of capital comes as Metal Hawk builds on a series of encouraging exploration results across Leinster South, including recent high-grade gold intercepts and geophysical surveys that have highlighted the prospectivity of the region. The planned diamond drilling aims to test a key structural contact that could reveal extensions of known mineralisation or new gold-bearing zones.
Strategic Focus on Structural Controls
The Tysons prospect sits along a major granite-greenstone contact, a classic target for gold deposits in the Agnew-Lawlers region. Previous work by Metal Hawk has already confirmed gold mineralisation along this corridor through rock chip sampling and reverse circulation (RC) drilling, making the upcoming diamond drilling a critical next step to better understand the subsurface geology and structural controls on mineralisation.
Managing Director Will Belbin emphasised the value of the EIS funding: "This diamond drilling program will provide important geological and structural information at the Tysons prospect and, if successful, could open up a significant new area for further gold exploration across the broader Leinster South project area." His comments underscore the potential for this program to unlock fresh exploration upside beyond existing targets.
Building on Recent Exploration Momentum
The co-funded drilling complements Metal Hawk’s recent extensive reverse circulation drilling campaign at Leinster South, which targeted the granite-greenstone contact north of the Tysons trend and generated promising assay results. This prior work laid the groundwork for the diamond drilling by refining target zones and confirming the structural complexity of the area. The company’s ongoing exploration strategy appears focused on systematically advancing high-priority targets through multiple drilling techniques to de-risk discovery potential.
Metal Hawk’s approach aligns with the broader trend of greenfields exploration in Western Australia, where government incentives like the EIS play a pivotal role in enabling junior explorers to pursue technically challenging targets with co-funded support. This funding mechanism helps bridge the gap between early-stage exploration and resource definition, a critical phase for companies like Metal Hawk seeking to build value in the competitive gold sector.
Bottom Line?
The EIS co-funding accelerates Metal Hawk’s ability to test a structurally significant gold target, but the success of the drilling will be pivotal in defining the project's next phase.
Questions in the middle?
- Will the diamond drilling confirm extensions of high-grade gold mineralisation at Tysons?
- How might results influence Metal Hawk’s exploration strategy across Leinster South?
- Could further government co-funding or partnerships be secured based on drilling outcomes?